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Do Zillow leads to lenders violate RESPA? CFPB mum

Are the agents and lenders who participate in Zillow’s lender co-marketing program violating a federal anti-kickback law?The Consumer Financial Protection Bureau (CFPB) has not issued any guidance in regards to whether participating in Zillow’s lender co-marketing program violates RESPA, which has promoted uncertainty among agents and lenders across the country. And recent videos from real […]

Agents: Stop asking for technology help on social media

I can totally understand why someone would want to see what a peer in the industry thinks about or an idea, a challenge selling a house or even a company logo — but should a real estate professional be relying on peers for technical support through Facebook groups?We use a lot of technology in the […]

6 tips for escaping email hell in real estate

Reposted with permission from Matt Bonelli “Escaping email.” Let’s face it. Email is a great tool, but it can be incredibly distracting. It ultimately becomes a huge time suck and a drain on your mental capacity if not used properly. Check out the video above for some ways you can escape email hell. Here’s the rundown: […]

Colorado MLSs embark on ‘highly charged’ merger talks

Sometimes when a couple starts off on the wrong foot, a matchmaker can make the difference between a failed proposal and a walk down the aisle.Colorado’s two largest MLSs — REcolorado and Information and Real Estate Services (IRES) — have agreed to merger talks shepherded by T3 MLS, a division of real estate research and […]

‘Why are the sellers selling’? What (not) to say

Having shown thousands of homes as a Realtor, I’ve fielded multitudes of questions from buyers as they’ve walked through various homes. Asking questions is wise — it’s better to get answers up front than discover nasty surprises after escrow closes.Ranging from sensible to silly, intelligent to inane, buyer queries help agents focus on potential concerns […]

How does virtual reality affect the real estate industry?

In this week’s video, Peter Lorimer of PLG Estates geeks out over the uses of virtual reality in real estate right now. If you have a massive property ($10 million-$12 million), there will naturally be international buyers interested. Virtual reality is an excellent way to show the property. You just send the virtual reality headset to […]

Daily market update: March 23, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. First American’s Potential Home Sales Model February 2017 Potential Home Sales Potential existing-home sales decreased to a 5.7 million seasonally adjusted, annualized rate (SAAR). This represents an 89.8 percent increase from the market potential low point reached in December 2008. […]

Crazy Sh*t In Real Estate podcast Episode 16: Guns, drugs and a potential kidnapping situation

Have you ever had your client turn out to be a major player in a drug cartel? Todd Ferris has. Listen in to this week’s episode, and he’ll tell you all about it. Do you have a crazy real estate story to share? Email Leigh for your chance to tell it on the podcast! Leigh Brown is […]

Edina Realty puts agent training and mentoring on the ‘Fast Track’

What do you do with a degree in business and IT?Jake PerpichLots of things, but when your family is stacked with three generations of real estate professionals — both mortgage and agency — it’s perhaps not surprising that Jake Perpich decided to become an agent.And if he was going into the family business, he had […]

What would eliminating individual health care mandates mean for real estate agents?

Perhaps the most hated piece of the Patient Protection and Affordable Care Act (PPACA or ACA) — also known as “Obamacare” — is the individual mandate.This is the piece of the law that requires every citizen to secure private health insurance for himself or herself, or to pay an annual penalty for failing to do […]

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